Property tours are available by appointment on Tuesday January 24th & Thursday January 26th from 12-3 PM EST. Please contact Derek Brown to schedule at dlbrown@quorumdetroit.com or 313-965- 2255. Investment Highlights: * Vacant ±92,845 SF Special Purpose Property with huge value-add * Former Salvation Army orphanage being utilized as an assisted-care living facility until 2015 * Ideal location for Senior, adult or children lodging and shelter * Fully fenced and secured property * All buildings have brick and Brick veneer exteriors * R-1 Residential District Zoning with a variety of allowable uses Investment Overview: Denby Center is a vacant ±92,845 SF special purpose property located at 20775 Pembroke Avenue in Detroit, MI. This property is an ideal location for senior, adult or children lodging and/or shelter use. This property presents a huge value-add opportunity through either full lease-up at market rates OR through redevelopment. The property is zoned R-1, Residential District, and legally possible uses include many types of residential, religious, educational, and related uses. The Property encompasses ½ of the city block and sits on a ±3.93 AC parcel with 5 buildings built between 1931 and 2008 totaling ±92,845 SF. The five buildings on the property include the main building (inclusive of the gymnasium and dining building wings), three cottages, and maintenance building. The property is a completely fenced site and offers a surface parking lot for 45 vehicles. The windows have been boarded up on the 1st and 2nd floor in order to preserve the interior condition of the property. The main building totals ±40,175 SF and was built in 1931 as an orphanage and later additions were used for group care home and residential shelter uses. The building contains a mixture of small and medium-sized rooms that are primarily used as offices and residential bedrooms. The first floor contains offices, library room, chapel, common rooms, bathrooms, conference rooms, and storage. The second floor contains bedrooms, bathrooms with showers, common rooms, a small kitchen, and storage. The basement contains common rooms, laundry room, storage, and mechanical rooms. The main building also contains two wings: gymnasium totaling ±28,375 SF and cafeteria/dining wing totaling ±4,576 SF. The gymnasium building includes a large gym area, small kitchen, two bathroom, and storage mezzanine. The cafeteria contains a large dining area, kitchen, pantry, office, walk-in cooler and walk-in freezer, break room, bathrooms, and storage. The property contains three cottages totaling ±19,719 SF built in 1980 and 2010. Each cottage contains bedrooms, shared bathroom with showers, common room, small kitchen, storage, and offices. The maintenance building is a three-car garage totaling ±800 SF with storage and an office/mechanical room. The property is located on the SW corner of Pembroke and Braile and has frontage and good exposure to three roads: Pembroke Avenue, Braile Street, and St. Martins Avenue. The main building entrance is on Pembroke Avenue, the parking lot has one access point on Braile Street, and the maintenance building has an access point on St. Martins Ave. The 2016 total population and average household income within a three-mile radius is ±116,410 and ±$49,651 respectively with continued population growth expected. This property affords investors an excellent upside opportunity through lease-up strategy or redevelopment. This property will be auctioned on Tuesday, January 31 - Thursday, February 2 . The price displayed is the starting bid amount of $200,000. For information and to register to bid on this property, please visit Ten-X.com.
